Some recent financial statements for Smolira Golf Corporation follow. SMOLIRA GOLF CORPORATION 2020 and 2021 Balance Sheets 2021 Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Assets 2020 Current assets Cash $23,056 $25,200 Accounts receivable Inventory 13,548 16,300 26,982 28,200 Other Total $ 63,586 $69,700 Total Long-term debt 2020 2021 $ 24,284 $28,200 13,000 12,671 11,900 Owners' equity Common stock and paid-in surplus Accumulated retained earnings 19,900 $ 49,955 $ 60,000 $80,000 $81,337 $ 60,000 $60,000 209,326 232,663 $ 269,326 292,663 Fixed assets Net plant and equipment $ 335,695 Total 364,300 $ Total assets $ 399,281 $434,000 Total liabilities and owners' equity $399,281 434,000 Sales SMOLIRA GOLF CORPORATION 2021 Income Statement Cost of goods sold $375,123 258,000 Depreciation 45,600 Earnings before interest and $ 71,523 taxes Interest paid Taxable income Taxes (21%) Net income Dividends Retained earnings $ 21,000 23,337 15,400 $ 56,123 11,786 $44,337 Construct the DuPont identity for Smolira Golf Corporation. The company's profit margin is The total asset turnover is The equity multiplier is Using the DuPont identity, the company's ROE is percent. times. times. percent. (Use year-end figures rather than average values where appropriate. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) (Round your answer to 2 decimal places, e.g., 32.16.) (Round your answer to 2 decimal places, e.g., 32.16.) (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)